The offshore decommissioning market is estimated to be valued at USD 6.2 billion in 2019 and is projected to reach USD 8.9 billion by 2027, at a CAGR of 4.8% during the forecast period.
The global offshore decommissioning market is dominated by leading players that have an extensive regional presence, said ResearchAndMarkets.
The leading players in the offshore decommissioning industry are Aker Solutions ASA (Norway), Ramboll Group (Denmark), AF Gruppen ASA (Norway), Technipfmc plc (France), John Wood Group plc (UK), and Tetra Technologies Inc. (US).
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